Author: Yeek.io

SUI’s price soared to new highs on the charts, aided by robust DEX volumes The state of demand is worth assessing here, especially in the context of the potential for profit-taking Sui network has reportedly just noted a burst of on-chain activity, one that has pushed its DEX volumes to record highs. Its price action has also been extremely volatile this week, with the same hitting a new ATH on the charts. According to its official X handle, the Sui network’s total recorded DEX volume hit a new milestone of $35 billion. This was backed by a burst of daily…

If you’ve bought bitcoin, chances are that you want to self-custody. Without self-custody, you don’t really have bitcoin, so why wouldn’t you? Using a hardware device to set up an offline bitcoin wallet is generally recommended. But backing up your wallet is actually much more important than having a hardware wallet. Yet, bitcoin backups are often ignored as an afterthought. We’ll now be looking into why backing up your bitcoin wallet is crucial, but more importantly how to properly do it with the right products to secure your bitcoin holdings for multiple generations without trusted third parties. Backup FirstIf you…

Este artículo también está disponible en español. Ethereum (ETH) has seen a significant 4.7% recovery in the last 24 hours, reclaiming a crucial support zone. This performance has fueled a bullish sentiment among some market watchers, who consider the cryptocurrency to break above a key resistance level in the coming days. Related Reading Ethereum Reclaims Key Support Nearly a week ago, Ethereum jumped above $4,000 for the first time in nine months, nearing its march-high and the long-awaited $4,100 resistance level. However, the cryptocurrency’s rally was momentarily paused after the crypto market saw a significant pullback. Earlier this week, ETH…

The Special Contribution Period for the KZG Ceremony ran 01-16 April 2023. This allowed participants to contribute in ways that may not have been possible in the Open Contribution period. While the Ceremony only needs a single honest participant to provide a secure output, Special Contributions provide additional assurances beyond a standard entropy contribution: computing over the entropy in an isolated environment (eg. on an airgapped machine, wiping and physically destroying hardware) means that it’s unlikely for a malicious entity to have extracted the entropy at any point.detailed documentation (explore links below) attached to real reputations are unlikely to all…

Resolv, a decentralized stablecoin protocol, saw its total value locked (TVL) reach a new all-time high of $77 million, as per DefiLlama. The platform’s TVL has soared over 380% since the beginning of November, becoming one of the best-performing DeFi protocols on Ethereum. Resolv offers a decentralized stablecoin called USR, which is pegged to the US dollar and is fully backed by Ethereum. It borrows Ethena’s delta-neutral design to ensure price stability and is backed by an insurance pool to provide additional security and ensure overcollateralization. Resolv Liquidity Pool (RLP) holders receive an annual percentage yield (APY) ranging between 15%…

Homepage > News > Finance > RBI sets up expert committee for ethical AI framework The Reserve Bank of India (RBI) has announced its plans to set up a committee to develop a framework for the ethical enablement of artificial intelligence (AI) for the finance sector. The committee, comprising experts from diverse fields, will be tasked to recommend a robust, comprehensive, and adaptable AI framework for the financial sector.  “The financial sector landscape is witnessing rapid transformation, enabled by technologies such as AI, tokenization, cloud computing, etc.,” RBI Governor Shaktikanta Das said in his Monetary Policy statement. Monetary Policy refers to actions taken by a country’s central…

Polygon is considering a groundbreaking proposal that could unlock over $1 billion in dormant stablecoin reserves to boost its decentralized finance (DeFi) ecosystem. Currently, the Polygon PoS Bridge holds a large amount of idle stablecoins, like DAI, USDC, and USDT, which are not generating any returns. This proposal, backed by DeFi giants Allez Labs, Morpho Labs, and Yearn Finance, aims to deploy these funds in DeFi projects to create massive growth opportunities.The initiative seeks to deploy around $1.3 billion of stablecoins into curated vaults on Polygon, including Yearn’s yeUSDC on Ethereum and Morpho Vaults, which will use high-quality collateral like USTB…

Crypto VC foresees a 10x growth for AI agents in 2025  Can these AI memecoins rival Shiba Inu’s recent gains? Most crypto speculators have jumped into memecoin hunting for the next 10x, 100x, or even a 1000x gem. What if AI memecoins could present such opportunities in 2025?  Crypto VC Syncracy Capital foresees a strong AI agent narrative in 2025. In fact, one of the VC partners, Daniel Cheung, stated that the crypto AI narrative could 10x, lifting AI agents.  “Despite the recent run up, Crypto x AI is still just sitting at ~1% of total crypto market cap. Sector…

Layer3 and Spindl are joining forces to unlock cryptonative growth with unparalleled user engagement, on-chain measurement, and audience attribution. The key to unlocking crypto for the world is to know your audience. Layer3 enables leading crypto platforms to reach, acquire, and retain new users with powerful and interactive experiences. Spindl illuminates the who, what, and why along the way. Our customers include teams such as Base, Uniswap, Brave, Phantom, and myriad others. With Spindl, we are building an immersive, viral, and data-informed platform spanning chains, wallets, and applications across many sources. User Acquisition and Audience Intuition With Spindl, we can understand where…

The concept of “Santa Claus Rally” goes beyond conventional stock markets. In the previous years, the crypto market has observed a Santa Claus Rally up to 8 times during the post-Christmas phase and 5 times during the pre-Christmas phase. The respective rallies saw a growth range of up to 0.69%-11.87%. The historical data by CoinGecko suggests we might witness another one soon. Crypto Data Highlights 8 Post-Christmas and 5 Pre-Christmas Santa Claus Rallies over Recent 10 Years The historical data discloses that the Santa Claus rallies reportedly took place during the year’s 5 trading days and the next year’s 1st…